RTGS Account definition

RTGS Account means the real-time gross settlement account which a Participant has in MEPS+;
RTGS Account in relation to a Specified Institution that is a participant in MEPS+, means the real-time gross settlement account which the Specified Institution has in MEPS+;
RTGS Account means an account (or, to the extent permitted in accordance with the relevant RTGS rules in question, any group of consolidated accounts, provided that all such account holders are jointly and severally liable vis-à-vis the RTGS system in case of default) opened in the name of a participant on the books of an NCB or the ECB on which domestic payments and/or cross-border payments are settled,

Examples of RTGS Account in a sentence

  • A participant who requires information on the balance in its RTGS Account or SGSMB in its SGSMB account shall include such message into the file for IFT instructions or SGSMB instructions respectively.

  • A participant is allowed to submit a maximum of four (4) Intraday Statement Request per day (two for its RTGS Account and two for its SGS Account), or such other number of Intraday Statement Request as may be agreed in writing with the Service Provider.

  • All Clearing Members must ensure their ability to effect payments on the due date thereof by having sufficient credit balances in the RTGS Account or in the euroSIC Account.

  • All Clearing Members must ensure their ability to effect payments on the due date thereof by having sufficient credit balances in the RTGS Account or the euroSIC Account.

  • Bank account details of RINL Marketing By Products for RTGS: Account Name: Rashtriya Ispat Nigam Ltd – Visakhapatnam – By Products – RTGS A/cBank Name: Union Bank of India Bank Branch: Dwarakanagar Branch Location: Visakhapatnam Account No: 506101010033886 IFSC Code: UBIN0550612 SECURITY DEPOSIT (SD)-The successful H1 bidder will be required to pay 5.9% of the value of the material (Rounded off to the nearest hundreds on higher side) within 3 working days from the date of quotation to RINL, VSP.


More Definitions of RTGS Account

RTGS Account means the SGD RTGS account which an Eligible Counterparty has in MEPS+;
RTGS Account means an account —
RTGS Account means the real time gross settlement account which a participant has in MEPS+;
RTGS Account means the real-time gross settlement account which a Participant has in MEPS+; “Service Provider” means the operator of MEPS+; “Secondary Dealer” means a financial institution approved by MAS to be a dealer of SGSMB, that is not a Primary Dealer; “SGS” or “Singapore Government Securities”, means Government securities as defined in and issued under the Government Securities Act (Cap. 121A) and Treasury Bills as defined in and issued under the Local Treasury Bills Act (Cap. 167); “SGSMB” means SGS, MAS Bills, or both, as the case may be; “SGSMB transaction” means a transaction for the sale, purchase, repurchase or transfer of SGSMB under MEPS+, whether for consideration or otherwise, and whether including or free of payment under MEPS+; “Sponsoring Bank” shall have the same meaning as that defined in the “Bye-Laws of Singapore Clearing House Association in respect of G3”; “Sponsored User” shall have the same meaning as that defined in the “Bye- Laws of Singapore Clearing House Association in respect of G3”;
RTGS Account means the real-time gross settlement account which a Participant has in MEPS+; “Service Provider” means the operator of MEPS+; “Secondary Dealer” means a financial institution approved by MAS to be a dealer of SGSMB, that is not a Primary Dealer; “SGS” or “Singapore Government Securities”, means Government securities as defined in and issued under the Government Securities Act (Cap. 121A), and Treasury Bills as defined in and issued under the Local Treasury Bills Act (Cap. 167), and securities issued under the Significant Infrastructure Government Loan Xxx 0000; “SGSMB” means SGS, MAS Bills, or both, as the case may be; “SGSMB transaction” means a transaction for the sale, purchase, repurchase or transfer of SGSMB under MEPS+, whether for consideration or otherwise, and whether including or free of payment under MEPS+; “Sponsoring Bank” shall have the same meaning as that defined in the “Bye-Laws of Singapore Clearing House Association in respect of G3”; “Sponsored User” shall have the same meaning as that defined in the “Bye- Laws of Singapore Clearing House Association in respect of G3”;
RTGS Account means the real-time gross settlement account which a Participant has in MEPS+; “Service Provider” means the operator of MEPS+; “Secondary Dealer” means a financial institution approved by MAS to be a dealer of SGSMB, that is not a Primary Dealer; “SGS” or “Singapore Government Securities”, means Government securities as defined in and issued under the Government Securities Act (Cap. 121A) and Treasury Bills as defined in and issued under the Local Treasury Bills Act (Cap. 167) collectively; “SGSMB” means SGS, MAS Bills, or both, as the case may be;
RTGS Account means the real-time gross settlement account which a Participant has in MEPS+; “Service Provider” means the operator of MEPS+; “Secondary Dealer” means a financial institution approved by MAS to be a dealer of SGSMB, that is not a Primary Dealer; “SGS” or “Singapore Government Securities”, means Government securities as defined in and issued under the Government Securities Act (Cap. 121A),and Treasury Bills as defined in and issued under the Local Treasury Bills Act (Cap. 167),Government Securities (Debt Market and Investment) Xxx 0000, and securities issued under the Significant Infrastructure Government Loan Xxx 0000; “SGSMB” means SGS, MAS Bills, or both, as the case may be; “SGSMB transaction” means a transaction for the sale, purchase, repurchase or transfer of SGSMB under MEPS+, whether for consideration or otherwise, and whether including or free of payment under MEPS+;